Grace (GRA) Misses Q1 EPS by 7c

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Grace Reports First Quarter 2015 Results

April 23, 2015 6:00 AM EDT

Adjusted EPS of $0.82; Affirms Constant Currency Earnings and Cash Flow Outlook

Adjusted EBIT of $117.0 million up 5%, and up approximately 15% at constant currency Adjusted Free Cash Flow up 32% Grace's low cash tax rate resulted in a favorable impact to cash flow of $19.8 million, equivalent to $0.27 per share Plan to separate Grace into two industry-leading public companies on track

COLUMBIA, Md.--(BUSINESS WIRE)-- W. R. Grace & Co. (NYSE:... More